Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Severstal’s iron ore mining and processing division, Karelsky Okatysh, has shipped more than 90,000mt of iron ore pellets to Brazil’s Companhia Siderurgica Nacional (CSN) for the first time in its history. 


This delivery to Brazil marks the fulfillment of Severstal’s strategy to grow its global customer base. 


The Russian firm worked with its partners at CSN to determine how to optimize use of pallets in the latter’s Brazilian blast furnaces, it said in a statement. 


The company added that the first dispatch to Brazil won’t compromise its profit margins is a huge milestone. 

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